SOLVANGVEGEN 23 AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

3,93 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 000	310 000	322 000	254 000
Net Income	60 000	153 000	231 000	133 000
Total Assets	1 931 000	1 930 000	1 860 000	1 659 000
Total Equity	1 528 000	1 528 000	1 528 000	1 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 000	310 000	322 000	254 000
Expenditure	178 000	113 000	27 000	87 000
Operating Profit	76 000	196 000	296 000	168 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Earnings Before Tax	76 000	196 000	296 000	170 000
Tax	17 000	43 000	65 000	37 000
Net Income	60 000	153 000	231 000	133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 642 000	1 642 000	1 642 000	1 656 000
Total Current Assets	289 000	289 000	218 000	4 000
Total Assets	1 931 000	1 930 000	1 860 000	1 659 000
Total Retained Equity	−143 000	−144 000	−144 000	−144 000
Total Equity	1 528 000	1 528 000	1 528 000	1 528 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	402 000	402 000	332 000	132 000
Total Equity and Debt	1 931 000	1 930 000	1 860 000	1 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 000	310 000	322 000	254 000
Other Income	0	0	0	0
Revenue	254 000	310 000	322 000	254 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	14 000	4 000
Impairment	0	0	0	0
Expenditure	178 000	113 000	27 000	87 000
Operating Profit	76 000	196 000	296 000	168 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Dividends	0	0	0	0
Net Income	60 000	153 000	231 000	133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 642 000	1 642 000	1 642 000	1 642 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	1 642 000	1 642 000	1 642 000	1 656 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 642 000	1 642 000	1 642 000	1 656 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	6 000	20 000	4 000
Total Current Assets	289 000	289 000	218 000	4 000
Total Assets	1 931 000	1 930 000	1 860 000	1 659 000
Total Equity	1 528 000	1 528 000	1 528 000	1 528 000
Short-Term Group Debt	326 000	206 000	36 000	86 000
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	1 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	76 000	196 000	296 000	22 000
Total Current Debt	402 000	402 000	332 000	132 000
Total Equity and Debt	1 931 000	1 930 000	1 860 000	1 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,93 %	10,01 %	15,12 %	8,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,92 %	63,23 %	91,93 %	66,14 %
Current Ratio	0,72	0,72	0,66	0,03
Quick Ratio	0,72	0,72	0,66	0,03
Equity Ratio	0,79	0,79	0,82	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %